Plastipak, a global leader in the design, manufacture and recycling of plastic containers has announced the formal opening of a major recycling investment at its manufacturing site in Toledo, Spain by Don Emiliano García-Page, President of the Castilla-La Mancha Region. The new recycling facility converts PET flake into food-grade recycled PET (rPET) pellets suitable for direct use in new preforms, bottles and containers.
The new recycling plant will produce 20,000 tonnes of food-grade recycled pellet per year and will eliminate recycled resin transport-related emissions since it is co-located at Plastipak’s current preform manufacturing site. The recycling plant is Plastipak’s fifth recycling facility, with other recycling plants located in USA, France, Luxembourg and United Kingdom. In Europe, Plastipak is the largest producer of food-grade rPET, with well over 150,000 tonnes of rPET capacity per annum.
Pedro Martins, Plastipak’s Executive Managing Director Europe, said “The use of rPET is a key tool in reducing our customer’s Scope 3 related emissions and forms an important part of their ESG-packaging related commitments. As well as supporting our customers to reduce their financial obligations under the planned Spanish plastics tax, the plant will also contribute to the meeting the minimum recycled content levels mandated by the Single Use Plastics Directive.”
To support on-site energy generation, the state-of-the-art facility incorporates advanced energy-saving technologies and equipment that includes the rooftop installation of over 1800 photovoltaic (PV) solar panels. The PV panels are expected to generate more than 1339 MWh of electricity per year that will be consumed entirely on-site, saving more than 443 tonnes of CO2 per year through the avoidance of consumption of electricity from the national grid. This is in addition to the CO2 avoided by using 20,000 tonnes of recycled resin instead of virgin resin.
Jack Pacente, Vicepresidente della sostenibilità globale, explained “We are delighted to open another world-class PET bottle-to-bottle recycling facility, complete with additional investment in emissions-reduction initiatives, demonstrating our leadership in the circular economy. Already, 100 percent of the electricity Plastipak consumes in Europe originates from renewable sources, and the installation of PV panels is our second on-site renewable power generation project in the European region. Long-term emissions reduction is a core pillar of our ESG program, demonstrated by our registered commitment to the Science-Based Target Initiative.”
David Stajninger, Plastipak’s Vice President of Resins & Recycling added “Plastipak began recycling post consumer bottles in 1989 to support our customers at a time when post consumer resins were not widely available for bottle-to-bottle applications. This expansion further reinforces Plastipak’s global strategy of having high quality integrated rPET material to continue to meet our customers’ growing needs.
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Plastipak Packaging, Inc., a wholly-owned subsidiary of Plastipak Holdings, Inc., is a world leader in the design and manufacture of high-quality, rigid plastic containers for the food, beverage, and consumer products industries. Plastipak is also a leading recycler of rigid plastic packaging, producing food-grade post-consumer recycled resin for inclusion in new packaging. Plastipak operates more than 40 sites in the United States, South America and Europe, with a total of over 6,500 employees. Its customers include some of the world’s most respected and recognized consumer brands. Plastipak is also a leading innovator in the packaging industry, holding more than 420 United States patents for its state-of-the-art package designs and manufacturing processes. In addition, Plastipak licenses various packaging technologies around the world. Plastipak was founded in 1967 and is headquartered in Plymouth, Michigan. Additional information about Plastipak can be found at its website www.plastipak.com
Statements in this press release concerning Plastipak’s intentions, expectations or predictions about future results or events are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management’s current expectations or beliefs, and are subject to risks and uncertainties that could cause actual results or events to vary from stated expectations, which variations could be material and adverse. Forward-looking statements speak only as of the time made, and the Company assumes no obligation to publicly update any such statements.